How does the risk of a money market mutual fund compare with that of a saving account

If you don't have $1,000 or more moldering away in a savings account, this article may not interest you. If you do have some cash saved up, you may be wondering whether a savings account is the best place to keep it. Sure, it's liquid, but the interest rates are only slightly better than those offered by your sock drawer and may be only slightly better than the inflation rate. One alternative is a money market mutual fund.